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Angel Investors in Montana
Entrepreneurs have several sources of capital to supplement their own assets for starting new businesses. Friends and family (F&F) often provide thousands of dollars to fund pre-seed ventures for prototype development, writing business plans and identification of potential customers. In total, U.S. friends and family provide entrepreneurs with an incredible sum annually, approaching $50 billion per year! The federal government also funds pre-seed companies (see Funding Your Startup with SBIR Grants), but provide only about 10% of the sum annual provided by F&F. These sources provide individual entrepreneurs with a few thousand up to $200,000 dollars each.
By Bill Payne
Full Story: http://www.flatheadbeacon.com/articles/article/angel_investors_in_montana/23899/
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